CFA Program Level II

The Level II CFA exam is a 4‑hour‑24‑minute computer‑based test consisting of 88 vignette‑supported multiple‑choice questions split into two equal sessions.

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6 practice tests522 questions264 min per test70% to pass

What you’ll learn

  • Ethical and Professional Standards
  • Quantitative Methods
  • Economics
  • Financial Reporting and Analysis
  • Corporate Issuers
  • Equity Investments
  • Fixed Income
  • Derivatives
  • Alternative Investments
  • Portfolio Management

Practice tests

Exam-style questions with explanations and timed simulation.

6 tests

About this exam

The Level II CFA exam is a 4‑hour‑24‑minute computer‑based test consisting of 88 vignette‑supported multiple‑choice questions split into two equal sessions. It emphasizes the application of investment tools across topics such as ethical and professional standards, financial statement analysis, equity and fixed‑income valuation, and portfolio management.

6Practice tests
522Questions
264 minDuration
70%Passing score

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